Screening Filters
Market Cap: Minimum $1 Billion
- Purpose: To focus on larger, more established companies with a market capitalization of at least $1 billion.
- Rationale: Larger companies tend to have more stability and liquidity, making them more reliable for short-term performance analysis. These stocks are less likely to be highly speculative or prone to extreme volatility, which aligns with the user's interest in identifying stocks that may perform well in the coming week.
Relative Volume: Minimum 1.5
- Purpose: To identify stocks experiencing significantly higher trading activity compared to their average volume.
- Rationale: A relative volume of 1.5 or higher indicates that the stock is currently attracting increased attention from traders and investors. This heightened activity can often signal potential price movement, which is relevant for identifying stocks that may perform well in the short term.
New High/Low: 5-Day High
- Purpose: To filter for stocks that have recently reached a new 5-day high.
- Rationale: Stocks hitting a new 5-day high may indicate positive momentum or bullish sentiment. This filter helps narrow down the list to stocks that are already showing signs of upward movement, which could continue into the week.
Why Results Match:
- The filters collectively focus on stocks that are more likely to exhibit strong short-term performance. By targeting larger-cap stocks, the screener ensures a level of stability and reliability.
- The relative volume filter highlights stocks with increased trading activity, which often precedes or accompanies price movement.
- The 5-day high filter ensures that the stocks selected are already demonstrating upward momentum, increasing the likelihood of continued positive performance in the near term.
While no stock's performance can be guaranteed, these filters are designed to identify stocks with characteristics that align with the user's interest in finding stocks that may "do good" this week.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.